Derivative transparency rules an 'increasing challenge' for asset managers

Mirroring MiFID II compliance struggle

The European Market Infrastructure Regulation (EMIR) was introduced to increase transparency in the derivatives market, against a wider backdrop of regulatory change.

So far, however, reporting quality has been low as firms are still grappling with the complexities of the rules, ultimately undermining the regulations' aims and objectives. Industry to be held more accountable under new Stewardship Code As the regulator begins to crack down, asset managers are seeking straightforward and scalable solutions that can ease the requirements of compliance and help asset managers not only meet their obligations, but effectively plan for future regulation change. Evolving landscape EMIR was initially introduced in 2012 following the Global Financial Cr...